International Climate Finance and support in emerging markets 6 Later, this report compares and contrasts the literature review with the findings from the case studies, analysing whether or not the cases provided empirical evidence of the factors and conditions identified as critical for the success of the climate instrument and of the cooperation, and whether or not new research propositions were. [...] International Climate Finance and support in emerging markets 18 Amongst financial institutions, there is a lack of knowledge and skills around the benefits and risks of investment in green sectors, of suitable financial products that can achieve scale, and of how to measure and report on environmental, social, and governance risks (Vivid Economics et al., 2020). [...] The structure of climate finance relates to the type of climate finance provided and the process for selecting projects. [...] The success of climate finance depends both on the narrow success of the specific investment or initiative supported, and on the broader success in transforming political and financial systems and markets to enable future climate financing and investment. [...] This is made possible when (a) climate change is an important and mainstream policy issue for the government, (b) civil society, firms and local government have a say in planning, tracking, and monitoring of climate interventions, and (c) opportunities to invest in climate-mitigation and resilience are available and attractive to the private sector.
- Pages
- 170
- Published in
- Germany
